The acquisition further strengthens IPCO’s position in the powder paint segment. All key individuals are intended to be transferred to IPCO’s Italian operation in Milan, Italy.
“The acquisition is in line with IPCO’s long-term strategy for profitable growth. Through the acquisition, we strengthen our technology base and intend to further develop the global business for these products in the Powder Paint segment,” says Johan Sjögren, Managing Director for IPCO’s Equipment Division.
